Should I Mix Family and Real Estate? My In-Law Dilemma
So, here’s my latest family puzzle: my wife and I, both in our 40s with two kids, live in sunny Florida. Her parents just dropped the bomb—they’re retiring and moving to Georgia. Their house here is paid off, just like ours. Now, her dad wants to sell their place for a hefty sum and buy a new home outright in Georgia.
But should we convince them to keep their Florida home and rent it out instead? The area isn’t the best, and honestly, I’m not sure I want to get tangled up in family business. We don’t have enough for a down payment if we tried to buy it, and I don’t want to mix money with family ties.
After a lot of back and forth, I realized maybe it’s best to keep family and business separate. Sometimes, peace of mind is worth more than a real estate deal. What would you do in my shoes? 🤔🏡
#FamilyDecisions #RealEstate #Retirement #JobCareer